Long cycle times, compliance risks, lost savings — ineffective contract management can not only expose enterprises to various compliance-related risks but also leave a lot of money on the table.
PayStream, in its latest research publication — 2015 Contract Management Report — reveals the top challenges enterprises face in managing contracts and executing source-to-pay operations.
The report also explains how enterprises can automate contract management to streamline source-to-pay processes and unlock significant value from their spend.
Also inside the report:
Recommended reading for all sourcing and procurement pros, complimentary from GEP.